BBNI forms partnership with Astra Credit Companies
18 Feb 2025 16:25
Astra Credit Companies (ACC) and BBNI join hands for BNI Autopay, what's the goal?
ADMF’s profit fell 27.6%, how is the management handling this?
14 Feb 2025 14:07
Market slowdown, Adira Finance's (ADMF) profit dropped 27,6%. The management reveals strategy.
BYD invests USD 1 billion for electric car manufacturing plant in Indonesia
23 Jan 2025 07:07
BYD is in fierce competition with Japanese cars that have been dominating Indonesia for a long while.
Automotive industry sluggish, new ADMF financing declines by 9% as of September 2024
01 Nov 2024 18:31
PT Adira Dinamika Multi Finance Tbk (ADMF) recorded a decline in new financing of up to 9% year-on-year (yoy) at the end of September (9M) 2024, following the trend of weakening car sales.
National automotive industry slowing down, Dharma Polimetal saw 20.7% drop in profit
28 Oct 2024 11:01
PT Dharma Polimetal Tbk (DRMA), an automotive component manufacturer only scored net profit of IDR 412.07 billion within the first nine months (9M) of 2024.
Astra Otoparts to set up interim dividend of IDR 57 per share
09 Oct 2024 09:21
PT Astra Otoparts Tbk (AUTO), an automotive spare part manufacturer of Astra Group, announced its plan to allocate interim dividend of IDR 57 per share or IDR 274.72 billion in total.
Automotive startup Broom secures Series A+ funding of USD 25 million
02 Oct 2024 18:34
Broom, a digital automotive startup, announces the conclusion of Series A+ funding round worth USD 25 million led by Openspace and followed by several renowned investors, such as AC Ventures and MUFG Innovation Partners.
CARS adds IDR 15 billion worth of investment to automotive business line
18 Sep 2024 08:24
PT Industri dan Perdagangan Bintraco Dharma Tbk (CARS) has increased capital investment in PT Sarana Bangun Raharja (SBR), a subsidiary engaged in the automotive sector.
Geopolitical tension, SMSM revises sales growth target to 2%
29 Aug 2024 10:48
PT Selamat Sempurna Tbk (SMSM) decides to revise the target of its sales growth for 2024 down to 2% from the initial target set to 8%.
Revenue contracted, AUTO’s maintains 26.4% growth in profit
29 Jul 2024 11:43
PT Astra Otoparts Tbk (AUTO), an automotive component under Astra Group, which remains listed as a constituent of Indeks52, reported net profit of IDR 1.01 trillion in the first half of 2024.